LAtest Updates

  • Capitulation? February 28, 2020
    • The volume early today looked like capitulation at least in the short term
    • I'm still rather bearish but have seen enough that could spark a bounce
    • A few thoughts from the plane
    • Take off half of the index ETF put spreads we recently recommended 
    • Have a great weekend
  • First Call February 28, 2020 February 28, 2020
    • S&P futures down 0.56%, but off worst levels, in Friday morning trading after the index fell more than 3% in three of the last four sessions and is poised for worst week since the financial crisis in 2008.
    • It has only taken six days for S&P to fall more than 10% from a record into a correction, the fastest such turnaround on record.
    • Asian markets sharply lower overnight, led by China and Japan.
    • European markets under further pressure.
    • Treasuries catching another big rally with curve steepening.
    • Dollar weaker vs yen but a touch better on euro cross.
    • Gold down 0.9% and on track for a weekly pullback despite the marked pickup in risk aversion.
    • WTI crude off 2.7%, off worst levels, as oil continues to be one of the hardest hit asset classes on demand concerns.
    • S&P bullish sentiment is at 9% and is oversold
    • Take a look at the premarket movers as many issues are above today's VWAP a sign of buying
    • I am traveling today and will not publish a Daily Note
    • If I need to post something regarding Trade Ideas I will on the plane
  • Potential Short Term Bottom February 27, 2020
    • Very fast markets today.   Covered a bunch of stuff and added some new short term long exposure for a bounce
    • Not everything has lined up for strong bottom and this might be the first of five down waves
    • SPY vs TLT ratio has worked very well again and it might turn in the next few days 
    • One of the reasons for the bounce in stocks could be tomorrow's pension rebalance
    • I'll be traveling tomorrow so tomorrow's First Call will be the only note

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First Call
  • A brief pre market note to get you quickly up to speed on what happened overnight and to start your day up to speed
  • The top overnight news and the day’s catalysts you will need to be watching each day
  • A market snapshot of US futures, Foreign equity markets, US Government Bonds, Currencies, and Commodities
  • Key Market Sentiment
  • S&P and Nasdaq Futures charts with several time frames
  • Pre-market movers in the US
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  • Bloomberg Automated Technical Pattern Recognition Screens
Daily Note
  • A midday note that covers macro markets with an emphasis on US, European, and Asian equity markets
  • Focus stocks, sector ETFs and markets to watch using various technical indicators incorporating DeMark Analytics and Erlanger Research
  • DeMark observations of interesting buy and sell signals within various markets and ETFs incorporating daily, weekly, and monthly time periods
  • An updated timely look at bond markets, currencies, and commodities
  • Daily sentiment charts with the most important markets
  • The Hedge Fund Telemetry Trade Ideas Sheet – Long and Short actionable ideas with US stocks and ETFs
  • Market Convictions: current market positioning on most important markets and sector ETFs
  • Sector and Factor rotation using proprietary models and monitors
  • Often irreverent, always honest, usually contrarian, and ahead of what’s coming next
sentiment charts
  • The best interactive charts incorporating the Daily Sentiment Index data
  • 45  different markets including global equity, bond, currency, and commodity markets
  • Updated daily shortly after the US market close
  • Highly actionable and effective in helping one manage risk
the week ahead
  • A straight to the point weekend note that lays out everything to prepare you for the week ahead
  • The most important catalysts and focus
  • Key market sentiment overview
  • Earnings, conferences, and economic reports
Market Convictions
  • Current market positioning on most important markets and sector ETFs
  • Up to date bullish or bearish bias with just a few lines of what exactly we see ahead
Trade Ideas
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Webinars and ChartBook
  • Webinars include updated real time live analysis over specific markets and sometimes Tom’s Daily Note live
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  • ChartBooks are brief actionable webinar videos that quickly zip through annotated charts of a sector, a group of markets, major ETF’s (15 seconds per chart)
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  • A joint venture with a leading NYC boutique institutional options and derivative firm
  • Several notes per day with market commentary, option ideas, and a ton of useful flows including:
    • Bullish and bearish institutional large standout option trades with single name, macro, and ETFs
    • Signal name and ETF unusual options volumes
    • Usually at least two specific trade ideas each day
    • Upcoming earnings option implied moves and historical moves
    • At least one webinar a month that might be educational or to highlight ideas and discuss markets
    • Notable 30 day vol changes
    • Changes in ETF skew updated each day
Sector Notes

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  • Experienced hedge fund sector specialists with a weekly comprehensive note out each Sunday
  • Occasional intra week notes from the sector specialists are expected
  • Following the model of Tom’s hedge fund each sector analyst will write a brief summary of the past week’s most important news within his/her sector and what to expect for the coming week including all catalysts and how to trade/position in advance
  • There will be a lot of specific trade ideas within each sector with a deep dive into the thesis for the trades
  • This is an ideal research note for investors looking to gain an edge on sometimes short term but mostly intermediate term fundamental long and short opportunities
  • Offered as a full research suite including energy, technology, consumer, healthcare, financials, and industrial sector notes; an a la carte per sector price structure is also available
  • Higher tier one on one access to analysts will be available too

Trusted By Some of the Top Traders In THe World

The best hedge fund managers know how important market sentiment is for trading and Tom is their go-to expert on the market sentiment analysis that matters.

I was fortunate to have Tom as my trader for nearly 10 years. His ability to follow markets and note divergences and extremes across several asset classes was of tremendous  value .

He has since expanded his repertoire and now brings it to a broader audience through this new product.

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Level Global Investors Hedge Fund
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Thomas Thornton is a seasoned hedge fund trader who has seen it all.  He understands the markets and how stocks discount information. His Hedge Fund Telemetry note is one of the best sentiment and technical daily communication newsletters I receive.

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Ocean Square Asset Management
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Tom Thornton is the real deal – he had a successful hedge fund career and now advises many of the world’s most famous hedge fund managers.

The best hedge fund managers know how important market sentiment is for trading and Tom is their go-to expert on the market sentiment analysis that matter.

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Real Vision Group
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